Seeking Alpha

Smith & Nephew (SNN +1.1%), Europe's largest maker of knee and hip replacement products,...

Smith & Nephew (SNN +1.1%), Europe's largest maker of knee and hip replacement products, gained 16% when speculation began that Johnson & Johnson (JNJ +0.2%) was looking at a potential takeover of the company. Bloomberg calculates that it's still worth an additional 60%, or $15.6B, in an acquisition.
Comments (1)
  • Stoploss
    , contributor
    Comments (1727) | Send Message
     
    That bid will improve with the weather.
    2 Feb 2011, 03:03 PM Reply Like
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